• Nasdaq Hearings Panel determined on April 21, 2026 that SmartKem regained compliance with Nasdaq Listing Rule 5550(b)(2) stockholders’ equity requirement.
• Company remains in grace period through Sept. 1, 2026 to regain compliance with Nasdaq Listing Rule 5550(a)(2) bid price requirement.
• Nasdaq placed SmartKem under one-year Discretionary Panel Monitor under Listing Rule 5815(d)(4)(A).
• Any new listing-rule breach during monitor period could trigger delisting determination without compliance plan or additional grace period, subject to appeal via hearing request.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmartKem Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-047274), on April 23, 2026, and is solely responsible for the information contained therein.